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Insurance rep tells Wall School District board EMC won’t insure bus barn; board approves alternate coverage

Wall School District 51-5 Board of Education · June 18, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Hub Insurance representative Jeremy Lee told the Wall School District 51-5 board that EMC declined to insure the bus barn building after an inspection could not verify upgrades; the board moved to approve a renewed insurance package, including an excess-lines option for the bus barn, and voted to proceed.

Jeremy Lee, an insurance representative with Hub Insurance, told the Wall School District 51-5 board the district’s primary carrier, EMC, would not insure the bus barn’s building shell after its recent inspection failed to verify electrical, HVAC and roof upgrades. "They couldn't verify anything on the building as far as roof updates, electrical updates, HVAC updates," Lee said, explaining that EMC’s decision related to underwriting criteria rather than condition-based condemnation.

Lee said the district’s vehicles remain insured separately under an auto policy and that personal liability coverage stayed…

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